In January-May Ukraine increased rolled metal export revenue by 20% YoY, to $2.7 billion. According to Ukrmetallurgprom, in 5 months Ukraine exported 6.2 million tons of rolled metal, down from 7.8 million tons in January-May 2016. The export share in the total volume of rolled metal produced dropped to 83% from 84%. The share of…

Rosterminalugol JSC, the largest dedicated coal port in the Baltic region, a part of Russia’s largest coal port holding Port Management Company LLC, has exported 10 million tons of coal this year. The milestone ton was loaded on June 12 onto Post-Panamax Nordic Odin, the 151st vessels handled from the year beginning (the 11th in…

The state-owned nanotechnology company Rusnano plans to sell its 49.89% stake in the Eterno facility, a white metallurgy joint venture with Chelyabinsk Pipe-Rolling Plant, or ChelPipe, for at least 4.72 billion rubles, Rusnano said in a statement on June 13. Preliminary bids are collected until July 5, the company plans to close the deal until…

The Ukrainian Stock Exchange intends to stop sales of Alchevsk Coke and Chemical Works, Alchevsk Iron and Steel Works and Zaporizhstal shares. According to the stock exchange, the decision has been taken because the companies have not disclosed their annual information. At the same time, the decision can be cancelled, if the companies disclose their…

The state enterprise Pervomayskugol intends to sign an agreement with Komsomolskaya Central Processing Factory to process coal valued at 15.96 million UAH. The purchase will be made based on the negotiation procedure, as the tender for the services has already been cancelled twice. The enterprise wants to order the processing of 168 thousand tons of…

As of mid-June Balja LLC has washed 67 kg of gold. The washing season started in May. In the first month the company obtained 42 kg of gold. According to the company CEO Valery Gurevich, this year it plans to yield 420 kg of gold. Balja is developing the alluvial gold deposits in the Kyrin…

Aluminiy Kazakhstana has received a drum with separators and roll glides for its thermoelectric plant produced by the Taganrog boiler works Krasniy Kotelschik. The machinery has been produced within the program of the boiler equipment reconstruction. The new machinery will replace the boiler drum, produced by TKZ in 1966. The machinery will be put into…

RM-Steel has successfully finished the tests of the new D32W bar steel for ship-building. The development of the bar was carried out for the Zvezda ship-building works project. At present RM-Steel can produce A, B, D, A32-D40, E36, A40S, D40S and D32W steel bars according to GOST R 52927-2015. Such bars are widely used in…

NLMK Group has started hot-testing the pulverized coal injection (PCI) unit at one of the largest blast furnaces of its Lipetsk plant, namely blast furnace No. 6 with a capacity of 3.1 million tons of pig iron per year. This technology involves co-injecting natural gas and fine coal particles into the blast furnace, resulting in…

In January-May Ukraine exported 15.722 million tons of iron ore and concentrate valued at $1.166 billion. According to the State Fiscal Service, the share of ore in the total export was 6.8%. The largest importers of iron ore and concentrate were China ($334.163 million, or 28.6% of all exports), the Czech Republic ($124.855 million, 10.7%)…

In January-May Amur region obtained 8407 kg of gold, up by 22.6% YoY, including 7699 kg of ore gold and 708 kg of alluvial gold. The growth has been provided by Petropavlovsk group of companies (Pokrovsky, Pioneer, Malomyr and Albyn), as well as Priisk Solovievsky. In particular, Priisk Solovievsky yielded 782 kg of gold, up…

The Annual General Meeting of shareholders (AGM) of PJSC MMC Norilsk Nickel was held on June 9. The AGM approved the final dividend for the full financial year 2016 in the amount of RUB 446.10 per ordinary share (approximately $7.83 at the RUB/USD exchange rate set by the Russian Central Bank as of April 28,…

Within the framework of the International Exhibition “Astana EXPO-2017” in the pavilion The World of Nuclear Energy the signing of memorandums between NAC Kazatomprom JSC and Cameco Corporation, Uranium One Inc., CGN and AREVA was held. All four documents determine the opportunities for cooperation in implementing in Kazatomprom the tasks outlined in the Address of…

The temporary duties on Ukrainian rebars, imposed by Egypt, will damage metal industry for several hundred million dollars. “At present Egypt is on the fifth position among countries which buy metal from Ukraine, and that’s 5%. Exports to Egypt started falling, they will fall by 5%, or by several hundred million dollars per year”, the…

Evraz-Ukraine says is does not cooperate with the companies on the Ukraine-uncontrolled territories, nor does it supply metal there. The company notes that there are cases of illegal use of the Evraz brand without the corresponding consent. Earlier the Information Resistance group claimed that major Russian companies, including Evraz, were cooperating with the so-called Donetsk…

In January-May the volume of industrial output totaled 84.7 billion soms, up by 34.7% YoY, but down by 24.2% from 2015. The increase this year was the result of metal output (1.5-fold) and metallic ore mining (3.9-fold) growth. The National Statistics Committee also notes that the country exported 1.5-fold more gold and 1.6-fold more precious…

Interpipe has appointed Igor Basay the new HR director. Basay has previously held the same office in PepsiCo Russia, and also worked at British American Tobacco, Kellogg’s as well as in the energy sphere. “Mr. Basay has the experience of managing personnel in major foreign holdings. I am sure his experience will strengthen our team”,…

The EBRD is arranging a $350 million syndicated loan to JSC ShalkiyaZinc Ltd, a Kazakh mining company, for the expansion of the Shalkiya zinc and lead mine in the Kyzylorda region as well as the construction of a new processing plant at the site. The loan is in line with the bank’s strategy of supporting…